NOT LISTED FOR SALE

Beacon Reef Condominiums 83201 Old Hwy Unit 521 Islamorada, FL 33036

Estimated Value: $1,005,000 - $2,465,000

2 Beds
2 Baths
1,275 Sq Ft
$852/ mo HOA Fee

Last Sold November 10, 2015

Last sale price $895,000 $702 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,821/month

13 Days on Market

Highlights

  • Ocean Front
  • Assigned Dock
  • Steam Room
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Founders Park

About This Home

As of November 2015

Stunning Atlantic views from the top floor, directly on the ocean at Islamorada's finest condo complex: Beacon Reef. 100% of this unit was taken down to the concrete and rebuilt brand-new and top of the line! Stylish high-end furnishings included. Turn-key. Resort-like gated complex with 450' of white sandy beach, oceanfront pool, dockage up to 36'. Great ocean and bay access is a boaters' dream!

Last Agent to Sell the Property

Christy Hughes

Coldwell Banker Schmitt Islamorada License #3265558 Listed on: 09/25/2015

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Christy Hughes

Moorings Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 1982

Lot Details

  • Sandy Beach
  • Sprinkler System

HOA Fees

  • $852 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Concrete Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Steam Room
  • Home Gym
  • Marble Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Pool

  • Spa

Outdoor Features

  • Boat Slip
  • Assigned Dock
  • Dock Facilities
  • Dock made with wood
  • Balcony
  • Outdoor Kitchen
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Central Air
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00094580-000147

Community Details

Overview

  • Association fees include bldg exterior mnt, water, building insurance, common area mnt, cable
  • 96 Units
  • Beacon Reef Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,249

Year Built

Built in 1982

Lot Details

5 Acres

HOA Fees

$852 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 2556.00
  • Mandatory HOA: Yes
  • Dockage Dock: Wood
  • Fee Includes: Bldg Exterior Mnt, Water, Building Insurance, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: Yes
  • Mile Marker: 83.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Clubhouse, Spa, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5248.54
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1982
  • Alternate Key Number: 8627718
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1275.00
  • Sewer Hook Up: No
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Storage, Granite Counter Top, Drapes/Blinds Incl, Fire Sprinkler, Elevator
  • Floor Number: 5.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Water Softener, Washer, Refrigerator, Microwave, Dryer
  • Floor: Marble
  • Specialty Rooms: Gym, Sauna/Steam Room
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible

Exterior Features

  • Dockage: Assigned Dock, Dock Privileges, Boat Slip
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Bar, Sandy Beach, Sprinkler System, Outdoor Kitchen, Gazebo, Lighting, Hot Tub, Chickee Hut, Built-in Grill
  • Roof: Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,VE,AE,VE
  • Parcel Number: 00094580-000147
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 96.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Elaine A Macdougall Revocable Trust and Macdougall Elaine A
Bought by
Michael Macdougall 2020 Trust and Jennifer Park 2020 Trust
Current Estimated Value
$1,419,227

Purchase Details

Closed on
Jun 7, 2018
Sold by
Elaine Macdougall
Bought by
Elaine A Macdougall Revocable

Purchase Details

Closed on
Jan 23, 2018
Sold by
Elaine Macdougall and Macdougall John M
Bought by
Elaine A Macdougall Revocable and The Elaine A Macdougall Revoca

Purchase Details

Listed on
Sep 25, 2015
Closed on
Nov 9, 2015
Sold by
Hoggins Vincent John
Bought by
Macdougall Elaine
Seller's Agent
Christy Hughes
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Servaas Steven R
Bought by
Hoggins Vincent John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Bought by
Macdougall Elaine

Purchase Details

Closed on
Feb 1, 1989
Bought by
Macdougall Elaine

Purchase Details

Closed on
Aug 1, 1984
Bought by
Macdougall Elaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michael Macdougall 2020 Trust -- None Listed On Document
Elaine A Macdougall Revocable $100 None Listed On Document
Elaine A Macdougall Revocable $100 None Listed On Document
Macdougall Elaine $895,000 Attorney
Hoggins Vincent John $525,000 Coral Reef Title Company
Macdougall Elaine $390,000 --
Macdougall Elaine $205,000 --
Macdougall Elaine $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoggins Vincent John $257,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2015 11/10/15 Sold $895,000 0.0% $702 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $895,000 -- $702 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,979 $915,653 -- $915,653
2024 $7,829 $906,275 -- $906,275
2023 $7,829 $958,227 $0 $958,227
2022 $7,359 $918,925 $0 $918,925
2021 $6,423 $639,882 $0 $639,882
2020 $5,446 $535,933 $0 $535,933
2019 $5,312 $511,556 $0 $511,556
2018 $5,234 $505,443 $0 $0
2017 $5,209 $513,396 $0 $0
2016 $5,509 $512,474 $0 $0
2015 $5,406 $512,474 $0 $0
2014 $5,249 $512,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Christy Hughes

    Coldwell Banker Schmitt Islamorada

    (305) 393-6190

    60 in this area

    102 Total Sales

    Christy Hughes
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About Beacon Reef Condominiums

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568553

Florida Keys Board of REALTORS®

APN: 00094580-000147

Florida Monroe County Islamorada 33036

83201 Old Hwy Unit 521, Islamorada, FL

Not Listed for Sale

Condos

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